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Trump Says Iran’s Unfrozen Funds to Remain Under US Control
Trump said billions in frozen Iranian funds will be placed in U.S.-controlled escrow for food and medical purchases as talks continue.
- On Tuesday, President Donald Trump announced $12 billion in frozen Iran funds will be held in escrow controlled by the U.S., restricted to purchasing U.S.-grown products such as corn, wheat and soybeans.
- In talks held in Switzerland since Sunday, negotiators including Vance and Parliament Speaker Mohammad Bagher Ghalibaf established technical working groups to address sanctions unwinding and uranium enrichment curbing.
- Iran's Foreign Ministry spokesman Esmail Baghaei disputed the restrictions, claiming funds would be used "freely, in whatever manner it deems appropriate" rather than limited to U.S. purchases.
- The agricultural purchase plan targets Midwest farmers, a key political constituency for Trump and Republicans ahead of November midterm elections, though critics fear the Islamic Republic will use finances to support Hezbollah.
- Secretary State Marco Rubio is traveling to the United Arab Emirates, Kuwait, and Bahrain to reassure regional allies about the agreement, while Israeli Ambassador Danny Danon expressed skepticism about the Lebanese military's ability to confront Hezbollah independently.
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Trump says Iran’s unfrozen funds to remain under US control
·Washington, United States
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24-06-26.-Donald Trump said Tuesday that Iranian funds unblocked with the relief of sanctions or released by the United States will be deposited into a Washington-controlled account that Tehran could use to buy U.S. food and medical supplies. “The money and/or the money...
Tehran announced the release of $12 billion in funds following technical talks with the US. Kalibaf and Araqchi were in Oman for discussions on the management of the Strait of Hormuz. Iran denied US allegations of nuclear inspections. Agreement is progressing, but the Lebanese mechanism, which is causing panic in Netanyahu, remains a key issue.
·Türkiye
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Total News Sources13
Leaning Left1Leaning Right1Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 16%
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